Tuesday Late Night Opinions @ 11:00 PM MST - 2/11/2025

[ronscarpa]

REMEMBER, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take  everything with a grain of salt ...  RON 

 

 

2-11-2025   Frank26   Right now you're not in position to exchange.  The day that you're ready to exchange, oh my goodness gracious, take everything. Take the kitchen sink with you [to the bank]. [Note:  At the appropriate time consult your financial and asset protection advisors to build the best strategy for your unique circumstances so you know what you need and don't need during exchange.]

 

2-11-2025   Clare  Article: "In light of the liquidity crisis... Why doesn't Iraq resort to printing more currency?" Quote: "Iraq is facing increasing challenges due to the scarcity of cash liquidity, which negatively affects the markets and daily financial transactions...The Iraqi government...suffers from a chronic shortage of this currency, which affects its ability to meet its financial obligations to pay employee salaries, repay debts, and finance projects..."

 

2-11-2025   Samson  Article: "The dollar stabilizes in the parallel market.. Is the price madness over?" Quote: "The US dollar exchange rate is witnessing remarkable stability in the parallel market in Iraq"

 

2-11-2025   Militia Man  Iraq is going international. They're going to be going digital so they're going to be using artificial  intelligence.  They're even going to be teaching their kids about artificial intelligence...We're going to have to embrace it whether we like it or not.

[Repost] 2-11-2025   Fnu Lnu   [Response to Militia Man 2-10-2025 Gold post below] Militia Man made a comment... Iraq "bought" approximately 10 tons of gold. That they scrounged up some pocket change. He isn't the first person to remark about Iraq having so much money to buy an amazing amount of gold. I know a little inside baseball about that.  When Iraq was attacked under the excuse of "weapons of mass destruction"...The real reason Iraq was attacked was because Saddam had amassed a huge amount of gold over the years. The reason? He hated the London City Central Banksters and their Central Banks so he was going to mint a Golden Dinar. It would have been the premier money of the world. Real Money! [Post 1 of 2]

2-11-2025  Fnu Lnu  It would have severely harmed the Central Bank so the CB had Bush attack them to 1) Kill Saddam and 2) recover/steal his gold stash...It didn't work out. They couldn't find the stash. So...they attacked them again and the second time, they found one of the small caches which was rumored to be around 20 tons...There was, however, a huge amount of gold left that wasn't found. Slowly, over time, Iraq has been repatriating the gold into the National Reserves. They aren't buying this gold, they already owned it and are slowly reinserting it into the Treasury. There is no way to know how much they really have but it must be a huge amount. Watch...over time, they will continue to grow the gold reserves but try to find the receipts. [Post 2 of 2]

 

[Repost] 2-10-2025   Militia Man  Article: "Iraq advances one place in the global reserve"  Iraq has massive amounts of reserves in comparison to what she truly needs in foreign currencies...You add the foreign reserves with her gold. For some reason they just found a few more tons of gold because they went from about 152 tons...to about 162 tons.  They found enough chump-change to go buy 10 tons of gold!  I think that's pretty funny because everybody's like, where do you get all that money?!  All their new non-oil revenues and the profits they're making. They're making a surplus. And you wonder why gold is at $2880.  That's a big jump. All-time extreme highs.

 

 

    .....

[rvmydinar]

4 hours ago, ronscarpa said:

2-11-2025   Militia Man  Iraq is going international.

When Is IQD going international?????????

[nannab]

Thank you Mr. Ron 😊